bitcoin:native Options Desk Update:
Transitioned fully into a Bitcoin PMCC (Poor Man’s Covered Call) structure.
- Long BTC perp exposure
- Avg entries: ~$72.7k and ~$66.8k
- Short weekly calls printing premium
- Current theta: ~$24/day
DCA into BTC during bear market while getting paid to wait. As BTC dumps, short calls print and cost basis keeps dropping
Road to $10k